Binance founder Changpeng Zhao (CZ) proposed the concept of a decentralized exchange (DEX) with a dark pool, where orders and liquidations would remain hidden. The idea arose after the high-profile liquidation of trader James Wynn, who lost $100 million due to a drop below $105,000 in May 2025. Wynn, known as a whale who made $82 million from $4 million, collapsed due to high-leverage futures trading. His story highlighted the vulnerability of traders to market manipulation.
CZ believes that a DEX with a dark pool could reduce the influence of whales that provoke liquidations through sharp price movements. Such an exchange would hide orders, complicating manipulations, but raises questions about transparency. Against the backdrop of Bitcoin's rise to $104,000 in June 2025 and high volatility (a drop of 2% after peaking at $112,000), CZ's proposal could change trading approaches.
Experts note that dark pools can reduce speculative risks but require clear regulation. For traders, it is an opportunity to avoid liquidation traps, but caution is needed. Stay tuned for news to be prepared for market changes!
#CryptoTrading #DEX #DarkPool #MarketManipulation #MiningUpdates
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